Sectors

U.S.-SAUDI RELATIONS

In Dhahran, Energy Secretary Perry, Al-Falih Discuss Oil Markets, Nuclear Possibilities

Rick Perry and Khalid Al-Falih in Dhahran, Saudi Arabia.
U.S. Energy Secretary Rick Perry held a round of talks with Saudi Minister of Energy Khalid Al-Falih and Aramco CEO Amin Nasser as well other energy industry figures in Dhahran, Saudi Arabia, according to reports.

OIL PRICE

OPEC, Russia Will Cut 1.2 million Barrels of Oil Production a Day; Price Jumps

H.E. Khalid Al-Falih.
OPEC and Russia have agreed to collectively throttle back oil production by 1.2 million barrels per day to dry up a global supply glut, according to energy reporters from the Wall Street Journal.

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